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Founded in 1927, Schultheis & Panettieri, LLP is a leading provider of accounting, auditing and tax services in the NY Tristate Area and along the East Coast.

Based on Long Island, with an office in Manhattan, Schultheis & Panettieri, LLP is committed to building and maintaining strong relationships with our clients. We believe that actions speak louder than words and prove it every day by anticipating and responding to our client's needs.

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Regulatory Update News

The Right Way to Invest Globally
U.S. investors have ramped up their holdings of foreign stocks. Yet many still don't own enough—or go about it the wrong way.

Three Ways to Play 'Inversion' Boom
Investors can choose mutual funds or individual stocks to try to benefit from these tax-driven corporate deals.

A Hot Employer Stock Can Burn You
Wealth Effect: Today's young tech tycoons should heed the meltdown of one-time highfliers such as Pets.com and Webvan.

Some See Upside for Halliburton
For better or worse, the company is in fracking.

Books That Can Boost Your Portfolio
Brett Arends suggests some business classics that every serious investor should read.

3 Reasons It's a Good Time for Investors
Growing choices, falling fees and lower tax rates have opened up opportunities that didn't exist decades ago. Here's how to take advantage of the changes.

Weigh Investing Risk Now, Before Markets Sag
Five years into a bull market for stocks, retirement savers should confirm they have an asset mix they could hold comfortably even in a downturn.

Farmland or Timberland for Your Portfolio?
Interest from high-net-worth investors has grown, as people seek income and inflation protection.

Now on Sale: Six Promising Retail Stocks
They've been beaten down, but stand to come back, Barron's says.

The Five Worst Investments for Individuals
Financial experts point to complex products such as "liquid alternative" mutual funds and nontraded real-estate investment trusts that have numerous risks and high fees.

Diversified Investors, Don't Lose Your Balance
Stocks and bonds may both look pricey, but you need to stay allocated to each.

How Realogy Shares Could Soar 25%
The company has strong brands, healthy cash flow and an improving balance sheet.

Putting Your Portfolio in Index Funds
Jonathan Clements explains how to construct a sensible portfolio.

A Good Period for Target-Date Funds
Returns are solid and expenses are down.

How to Check Up on Brokers, Advisers and Planners
The market rally underscores the importance of knowing the standard to which your financial pro is held.

Stocks at Midyear: Better Than Many Expected
Given last year's huge rally and a harsh winter, the market is holding up well.

How to Rebalance Your Portfolio
Wealth Effect: The strategy leads investors to cash out stock-market gains during booms and buy the stocks back—at much cheaper prices—during selloffs, writes Brett Arends.

Time to Question the Stock-Market Herd?
How to think about investing when prices are this high.

How High Fees Can Derail Retirement
Expenses can effectively wipe out the tax advantages of a 401(k) account.

Looking to Beat the Market?
Wealth Effect: Many experts believe it's risky to even try. But a growing body of research points to strategies that might improve the odds.

The Laid-Back Financial Markets
Despite reasons for worry, the bears take a holiday.

Per-Share Earnings Growth Could Slow
Jonathan Clements: The lift from years of tax cuts and underinvestment may be reaching its end.

Emerging Markets Draw Investors Again
Uneven equity markets and low yields at home trump concerns over recent losses.

Pitney Bowes Keeps Itself Relevant
There's more to this undervalued business than postal machines.

Still Afraid of Stocks?
Advisers are trying to lure reluctant clients back into the market.

Is Your Portfolio Globalized?
If you're avoiding non-U.S. stocks, you're throwing away money.

Taking a Ride on Private Equity
Weekend Investor: Industry giants are trying to make it easier for individual investors to bet on their deals. Is it a good wager?

Alibaba's IPO; China Mobile's Gain
As Wall Street eagerly anticipates the e-commerce giant's listing, look into China Mobile, which stands to benefit.

Five Big Investments You Don't Know You Have
For most households, they matter more for growing wealth than stocks, bonds or mutual funds.

You're Paying Too Much in Fees
Weekend Investor: Investors face an array of often-excessive charges. Here's how to get the most from your money.

Shares of Regions Financial Appear Ready to Roll
Currently about $10, the shares have room to run. One analyst figures they're worth more than $13 apiece.

How to Insure Large Bank Accounts
How so-called sweep accounts help depositors get more protection for their cash.

What an International Crisis Could Mean for Stocks
The best course of action: Remain calm and don't sell. If you are bold, you could even use it as a buying opportunity.

Commodities: To Buy or Not to Buy?
The prices of many raw materials are rallying. Here's what you need to know if you are weighing whether to brave a risky market.

How to Spot a Market Bubble
Weekend Investor: Investors can get burned when the air rushes out of a hot market. Here's how to tell when prices are getting dangerously inflated, and a few places where that may be happening now.

Raytheon Stock Is Poised to Surge
The defense contractor benefits from global tensions and cybersecurity concerns.

Funds Investing 101: Make More Money and Worry Less
Simple portfolio ideas that can help investors stay on track with minimum management.

Inside the New 'Rising Rate' ETFs
Are bond ETFs designed to insulate investors from rising interest rates a good idea?

Looking Ahead to Facebook's and Twitter's Future Stock Prices
Hulbert on Investing: One valuation formula predicts more punishment ahead for these two companies' already battered shares.

Riding the Tech Roller Coaster
Highflying technology stocks have been on a wild ride. Here's what they can teach investors about chasing hot markets.

American Airlines Delivers Rich Payout
American Airlines Group distributed the last big chunk of its payout to its bankrupt predecessor's shareholders, delivering a windfall that was even bigger than expected.

Target-Date Funds Continue to Do Well
Strong stock-market gains in the past year and three years continue to be reflected in the returns of target-date funds.

When Bonds Trump Gold
Which is a better hedge against rising interest rates? The answer isn't so simple.

The Great Life-Insurance Temptation
Sales are up for two types of life insurance that offer policyholders exposure to stocks. Potential buyers should be cautious—the policies can be useful in some cases, but they come with significant risks.

How to Save Your Retirement
Many people are at more serious risk of running out of money than they realize. They need to save more—often much more—to compensate.

Are Small Caps Overpriced?
The Russell 2000 index is near its all-time high. The problem: It also looks more expensive than ever.

A Ford Spinoff Now Cruising Along
Visteon's CEO has simplified the company, selling less-profitable operations to focus on businesses with better growth prospects.

Are ETFs Really Cheaper Than Open-End Index Funds?
Open-end index funds often charge lower fees—and are at least as tax-efficient.

Wall Street to Investors: Time to Cash In Some Chips
Even as Wall Street pros celebrate the bull market's five-year anniversary, some are counseling investors to sell select shares and be careful about new investments.

Catch the Next Wave: Capex
As industry upgrades plant and equipment, providers stand to profit.

Stock Picks From Intrepid Advisers
What advisers who beat the market during both the 2007-09 bear market and the subsequent bull market are recommending now.

The World's Riskiest Stock Market?
Russia's stock market is now among the world's cheapest. It could also be a screaming risk.

Can't Save? Change Your Plan
You might do better with a Roth 401(k) or IRA.

Some See a Bargain in MetLife Shares
Insurer stands to benefit from rising stock values and interest rates.

Muni Investors Pay Steep Commissions
Absence of 'best execution' protections allows brokers to pocket spreads.

The Inside Scoop: Officers and Directors Are Bearish
Corporate insiders are far more pessimistic than they were last summer, and that could bode badly for the stock market.

Painting---by the Numbers
Art auctions are generating record sales, but making money on art is challenging and the risk of losses, particularly in the short-term, is significant.

How Safe Are Your Investments, Really?
History suggests many people delude themselves about real returns.

Some Lessons From the Bull Market
Weekend Investor: U.S. stocks have bounced back to record highs since the financial crisis. Here's how to avoid errors that cost many investors dearly during the rebound.

Nine Reasons to Love Your Mortgage
It's a big debt, but there's an upside to it, writes Jonathan Clements.

Books That Can Boost Your Portfolio
Brett Arends suggests some business classics that every serious investor should read.

The IRS Rules on Deducting Capital Losses
You can't always use losses to offset capital gains.

Some See Upside for Halliburton
For better or worse, the company is in fracking.

Check Brokerage Statements For Fraudsters' Fingerprints
The risk of cybertheft is another reason to look closely at monthly mailings and online accounts.

The Right Way to Invest Globally
U.S. investors have ramped up their holdings of foreign stocks. Yet many still don't own enough—or go about it the wrong way.

Test Your Prediction Skills
Crystal Ball: What's ahead for Herbalife shares?

Three Ways to Play 'Inversion' Boom
Investors can choose mutual funds or individual stocks to try to benefit from these tax-driven corporate deals.

A Hot Employer Stock Can Burn You
Wealth Effect: Today's young tech tycoons should heed the meltdown of one-time highfliers such as Pets.com and Webvan.

Dow Jones Newswires Codes - Subject Codes

Can You Really Afford a New Child?
Many parents fail to plan fully for the financial impact of a newborn.

Short on Retirement Savings?
One plan of action: Work until you're 70 to maximize your Social Security payout, writes Jonathan Clements.

The Leeway in Required IRA Withdrawals
You can withdraw the total required amount from any one, or a combination, of IRA accounts.

Now on Sale: Six Promising Retail Stocks
They've been beaten down, but stand to come back, Barron's says.

Farmland or Timberland for Your Portfolio?
Interest from high-net-worth investors has grown, as people seek income and inflation protection.

When to Leave Lagging Fund or Adviser
Hulbert on Investing: Don't move too fast: Even long-term stars have periods of subpar performance.

3 Reasons It's a Good Time for Investors
Growing choices, falling fees and lower tax rates have opened up opportunities that didn't exist decades ago. Here's how to take advantage of the changes.

Weigh Investing Risk Now, Before Markets Sag
Five years into a bull market for stocks, retirement savers should confirm they have an asset mix they could hold comfortably even in a downturn.

How Realogy Shares Could Soar 25%
The company has strong brands, healthy cash flow and an improving balance sheet.

Common Core Becomes Touchy Subject for Governors
A governors group that helped create the Common Core education standards didn't plan an official discussion on the controversial subject at its summer meeting, a sign of how the bipartisan idea has become a political minefield.

Common Core Becomes Touchy Subject for Governors Group

The Five Worst Investments for Individuals
Financial experts point to complex products such as "liquid alternative" mutual funds and nontraded real-estate investment trusts that have numerous risks and high fees.

New Wave of Apps for Wealthy Investors
Wealth managers such as Citi Private Bank and Bank of America's Merrill Lynch are adding Web tools for their clients.

Financial Advisers: Show Us Your Numbers
If an adviser is talking about how much return he can get for you, then why doesn't he document his own performance?

Fiat Says Issuance Will Be Subject to Market Conditions

Carter Cleveland on the Future of Art
Online art startup founder Carter Cleveland says the Internet will make art as ubiquitous a presence in culture as music is today.

Alternative-Energy Funds Get a Second Wind
After some big losses, the funds have posted sizable gains and collected new money from investors.

How to Tap an IRA Early Without a Tax Penalty
If you must withdraw cash from an IRA before age 59½, there are more ways than you might think to avoid a 10% tax penalty.

How Percentages Trip Up Investors
Some experts say percentages don't seem like real money to people, especially when it comes to risks and expenses.

With Stocks So High, Should Investors Move to Cash?
Taking dollars out of the market has hurt returns lately, but proponents say playing it safe eventually will pay off.

Fund Manager: 'Stupid' Now, Smart Later?
Eric Cinnamond's track record has been clobbered by his heavy cash stake, but he is sanguine it will pay off over time.

Momentum Investing, Er, Loses Momentum
How hot stocks fit into a portfolio, and how not to get burned by them.

An Index-Beating Index ETF
Guggenheim Solar has outperformed its benchmark, thanks to the fees it collects from those who want to borrow its securities. But it's not all good news for investors.

Fund Clobbered by a Big Emerging-Markets Bet
Alpine International Real Estate Equity seeks to regain investor confidence after falling from grace in 2008.

Leveraged ETFs Deliver Fewer Surprises in Calm Markets
The quiet that has enveloped the stock market in recent months has been a boon to these much-criticized funds.

Stock Funds Up 3.4% but Bonds Get the Love
Quarterly Monitor: Most types of stock mutual funds gained, but enthusiasm for U.S. stocks waned as investors were net sellers of these investments in recent months.

Why Tighter Credit Spreads Matter to Investors
Spreads between corporate and Treasury yields are at their lowest levels since the financial crisis. Here's what that means for bond investors.

Small Stocks Could Be Getting Too Cocky
Small-stock valuations are getting stretched, adviser Brad Bickham says; he is ready to sell if they get more expensive.

Essential Financial Steps for Young Workers
Within your first five years on the job, make sure you do these six things.

Too Many Eggs in Your Boss's Basket
Even some people who work for Warren Buffett are scaling back how many eggs they put in one basket.

Voices: Robert Cheney, on Advising Tech Start-Up Workers
'Advising early-stage tech industry employees and founders involves a unique set of challenges.'

Mistakes People Make When Looking for Investment Advice Online
The Experts weigh in on what to look for and avoid when hitting the Internet for guidance on where to put your money.

Lessons From Smart—and Not-So-Smart—Purchases
The Experts weigh in on what they learned from the smartest and dumbest things they ever bought.

Student-Debt Advice for College Graduates
The Experts offer suggestions to college graduates starting off their careers with enormous student loans to repay.

A Haven for Junk-Bond Refugees
Six stocks with junk-like yields and strong growth prospects

HealthCare.gov to Allow Automatic Re-enrollments
Policy change will make it easier for consumers to keep plans and retain subsidies.

Stocks at Midyear: Better Than Many Expected
Given last year's huge rally and a harsh winter, the market is holding up well.

Huge Returns at Low Risk? Not So Fast
Some money managers look back in time to see what would have worked, then show the hypothetical future results as if they were real.

What to Do When Your 401(k) Includes Pretax and After-Tax Contributions
Columnist Karen Damato answers readers' questions about retirement-related issues in personal finance.

Reconsider the Roth: Benefits for Older Investors, Too
New research challenges the practice of recommending Roth retirement accounts mainly to young investors.

A New Perspective on Your Portfolio
Don't overlook your house and Social Security in assessing your asset mix.

Will Demographic Trends Slash Stock Returns?
Jonathan Clements describes a compelling theory that says an aging population will restrain economic growth.

Why Franklin Resources Looks Appealing
The investment-management firm has a global presence and lots of cash.

From Spender to Saver to Investor
It's a process that starts with getting a handle on your cash flow.

Time to Question the Stock-Market Herd?
How to think about investing when prices are this high.

When Hedging Cuts Both Ways
Banks and brokers are moving to put up to 20% of their clients' assets into "liquid-alternative" funds. Here's what you need to know.

Online School Is Focused on One Subject: English

Online School Has 100,000 Students, One Subject: English
Open English has raised an estimated $120 million in venture capital, underscoring the market potential of Latin America's fast-growing middle class.

What's to Like, or Not, in Emerging-Market Currencies
Fund managers say some of the cheapest currencies currently offer the most risk. More reliable bets, they say, include the peso, won and zloty.

An Actress's Guide to Living in NYC on a Budget
The uncertainties of being a young actress in New York City taught one young woman how to live on a tight budget. A financial planner offers some additional advice.

Private Equity's Abundance of Riches
The private-equity industry has raised so much money from investors recently that it's having a hard time finding worthwhile investments to spend it all on.

Nontraded REITs Attract Money and Critics
Investors wary of the stock market like the returns and low volatility of nontraded REITs, but critics fault the funds for high fees and illiquidity.

Some Question Value of Wealth-Management Credentials
More financial planners earn CFP and CIMA badges, but the usefulness of the credentials is challenged by some.

A Rare Sale on Danaher Shares
After a slowdown in deal making, price/earnings ratios have declined for the well-run manufacturer.

Clements: Two Costly Self-Delusions
Expecting money to buy happiness, and trying to beat the market, can be bad for you, writes Jonathan Clements.

A Graduation Gift That Keeps on Giving
A gift of stock is a smart way to encourage good lifetime investment habits.

Cedar Fair Investors May See Rising Values and Generous Income
The Sandusky, Ohio-based amusement-park operator is benefiting from an improving economy, reduced debt payments, higher ticket prices and the introduction of new rides.

Stock Picking for the Long, Long, Long Haul
The Intelligent Investor: One fund manager doesn't just want the great companies of today. He looks for those that will be even greater for decades to come.

With Bonds, This Adviser Plays It Safe
Despite today's low yields, Dougal Williams avoids junk bonds and other riskier debt.

Test Your Smarts on Ethical Investing
How much do you know about mutual funds that take a 'socially responsible' approach to selecting stocks? Take our quiz to find out.

'Alternative' Funds: Different, Yes. Better? Not Lately.
Mutual funds with nontraditional strategies have been popular in recent years. But they haven't been performance winners as stocks have surged.

Health Accounts as Shadow IRAs
Some Americans who contribute to health savings accounts are finding these plans' best use may be as supplementary retirement accounts.

Trailing Stop Orders Can Help Limit Market Risk
Standing orders to sell if an investment falls by a predetermined percentage or dollar amount can help stem losses. But market disruptions can cause unpleasant surprises.

Index ETFs May Not Track Benchmarks as Expected
The basic idea: Their returns trail by the amount of fund expenses. But that isn't the whole story.

When to Move Money From an UGMA to a 529
Deciding whether to move money meant for a child's college expenses from an UGMA or UTMA account to a 529 plan can be complicated. Here's what to consider.

The Most Valuable Assets to Leave for Your Heirs
Consider tapping Roth individual retirement accounts and appreciated securities last for cash in retirement.

How to Fix the 401(k)
Five suggestions for giving workers a more-secure retirement.

Columbia Acorn Fund's New Chief Stays the Course
Recent results have been lackluster, but lead manager Robert Mohn says things are looking up.

Value Funds Are Beating Growth-Stock Funds This Year
The shift in market leadership and investor sentiment is likely to continue, some market watchers say.

A Qualified Yes for Melding Insurance and Stocks
Consumer advocate James Hunt says low-cost variable life policies can be a better choice today than other permanent insurance.

Dueling Indexes: A Big Name Is No. 2 in Returns
The Russell 2000 is the go-to metric for most investors tracking small stocks. But the S&P SmallCap 600 has been showing better returns.

Junk-Bond Manager Warns of High Risk
Prices can't rise much, but they just might fall a lot, a Vanguard fund's manager says.

Giving Yourself an Investing Makeover
The Intelligent Investor: If you set out to remake yourself into a great money manager, how would you go about it?

Dow Jones Newswires Codes - Subject Codes

A Proud 'Dinosaur' of Stock Picking
Richard Freeman of ClearBridge Aggressive Growth has racked up big gains on stocks bought decades ago.

How to Give Mom Financial Peace of Mind
Steps you can take to protect her from fraud and other risks.

Do You Need an ETF Strategist?
Here are questions to ask if your adviser suggests you use an additional manager.

Five Surprising Ways Bonds Can Bite You
Sure, rising interest rates will hurt most debt. But that's not all you need to know.

The Big 5-0? At Least You Get Some Investing Perks.
Benefits such as catch-up contributions for retirement start kicking in at age 50.

Buyback Trend Boosts PowerShares ETF
The PowerShares Buyback Achievers fund is benefiting as many cash-rich companies see share repurchases as their best option in the current economy.

Quiz: Test Your Knowledge of Stock Dividends
See how much you really know about stock payouts and income-oriented funds.

How Beginners Can Start Saving for Retirement
No 401(k) at work? Not much money? Here are ways to get going.

Biotech Fund Sags After Big Gains
Fidelity Select Biotechnology is the largest fund in a volatile sector.

Stock-Market Capitulation, Defined
Often a cyclical bottom comes when unhappy investors pressure their advisers to sell shares.

Some Frontier-Markets Funds Face Big Changes
MSCI Inc.and other index providers are changing the way they classify some countries—and index funds have to adjust their holdings to keep up.

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